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army had been stolen from the ministry of defense by the very people the u.s. entrusted to run it. >> that's a lot of money. >> it's one of the biggest thefts in history, i think. >> most of the iraqi officials involved, including the former minister of defense, have skipped the country, but we found one of his deputies vacationing in paris. if you went back to baghdad, you'd be arrested. >> uh, no. nobody will arrest me. they will kill me. [ticking] [camera shutter snaps] >> these surveillance photos were taken by undercover police officers while they watched a team of seven south american thieves clean out an old navy store. >> shirts at $22.50, and they got the whole rack. >> when police moved in to make the arrest, they found enough merchandise to fill a room. all taken in less than an hour without anyone inside the store noticing a thing. [ticking] >> we have never seen a problem of this size and magnitude in world history. >> now hang on. in world history. >> there's more counterfeiting going on in china now than we've ever seen anywhere. >> name an american brand. any brand
retaliating with more than 2000 targeted airstrike, israeli defense ministry confirming 19 hamas senior come centers, and 30 op practicetives, and funnelling tunnels were destroyed much operation pillar of defense lasting 8 days, and conflict coming to an end for the time being, a ceasefire com commencig just a few hours ago that the prime minister be benjamin thate nat warns needenetanyahu warnin. >> the army is ready when needed. the state of israel has to try to achieve a ceasefire which will be continuous. >> tha netanyahu added he agreeo give the ceasefire a chant after speaking with president obama. secretary of state clinton announced the ceasefire at a joint press conference with the egyption foreign minister, secretary clinton praised egyptian president, and muslim brotherhood member morsi for brokering the mosque. that is considered a terrorist organization by the u.s. government, of course. >> i want to thank president morsi for his leadership in ending the violent, this is a critical moment for the region. egypt a new government is assuming the responsibility and leadership that
of gaza. this time around the rules are different. the missile defense system improve the iron dome stopping the incoming rockets but hamas is better armed having the backing of the islamist government in egypt for presenting a challenge for the gabbana administration. and admiral james lyons from the pacific fleet and congressmen covert from texas. obama once more than $1 trillion of tax hikes but will not renounce spending. the "chalk talk" what that does not add up to anything meaningful we will talk with one guest to stifle economic growth. also to analyze this cycle to bring down the head of the cia. admiral, it is good to have you with us. turned to the talking points. it seems no one after general petraeus made it clear their ranges in the talking points, testimony has been surveyed and mike rogers said it has to be the white house everybody else testified. >> by a agree. i am sure the white house representative council had marching orders. lou: and petraeus said part of the confusion between the testimony he gave to congress three days after september 11 represents what happ
are vastly different. israel's missile defense system has greatly improved, the iron dome will when incoming rockets that israel is taking on a better armed hamas. this all presenting a serious challenge for both the united states and the obama administration and obstacles in creating a genuine palestinian peace process. we will take all of that up tonight with admiral james lyons. congressman louie gohmert of texas will also be here fred also, president obama has no plan to announce tax cuts and spending cuts. why they don't add up to anything meaningful. lou: the testimony before congress has been surveyed. congressman mike rogers. everyone else has testified that they didn't. do you agree? >> i do agree. and the deputies committee, i'm sure the white house representatives of national security from the national security agency council had their orders. lou: general david petraeus says for his part, one of the confusing things -- confusion between the testimony he gave to congress three days after september 11 and what he said over the past few days in congress, it represents what happens w
. israel's missile defense systems greatly improved, the iron dome successfully intercepting hundreds of in coming rockets, but, israel is facing a better armed hamas, that has the backing of a new islamist government in egypt. this all presenting a serious challenge for both the united states, and the obama administration. and, new obstacles in creating a genuine israeli-palestinian peace process. we'll take all of that up here tonight, with admiral james lyons, retired commander of the u.s. pacific fleet and also, president obama wants more in the $1.5 trillion in tax hikes, but he has no plan -- or announced cuts in spending, why those tax hikes don't add up to anything meaningful and we'll talk with the ceo of cke restaurants, andy puzder and says, tax rates will stifle economic growth and our favorite doctors are here, to psychoanalyze the scandal that brought down the head of the cia. we are delighted to be joined, now, by the admiral james lyons, retired commander of the u.s. pacific fleet. it is always good to have you with us. thanks for being here. >> nice to be back with yo
defensive coordinator. the guy is top of the field in terms of being a coordinator. what he's not been able to do, he changed the attitude of the team. you know, they are relevant, but in any case, he's not been able to surround himself with good talent on the coaching level. there's matt, the quarterback coach, and these guys are not producing. rex might not have the pulse of the team in terms of anything else other than the defensive side of the ball. he really needs to become this leader to become the ceo. he can't be a defensive guy. david: when a quarterback is running into the rear end of one of his own guys and drops the ball and the other team brings it in for a touchdown, that shows lack of management. >> that's right. that shows lack of execution going to coaching and mental lapses. you can't have that if you're the jets, if you're rex ryan. you have to have guys ready to playing and they have not been. it's an utter embarrassment. david: another sport mixed in there, baseball, george steinbrenner never would have put up with a coach with a lack of discipline or unable to put the
for her to give the word, but the president, having stood so strong in her defense, strongly in her defense around what she said that up and gauzy and the video that she said was the cause of the attack that killed those americans that now they are boxed in. he pretty well has to stick with her. this is are going around to say in private what she was in public which, based on the testimony from the general and others is, it was a calculation that it was a decision that was made at the white house that it would be bad business to be out saying that it was a terrorist. lou: what is your reaction, tucker? >> what a waste of time. remarkable. i mean it. as a political calculation. the president just was reelection. a tough campaign. he wins by a convincing margin. he is at the apogee of its power. and what does he choose to do? he spends it on getting susan rice a job running the state department. this is pretty small potatoes by comparison to a lot of other things going on right now, chief among them the fiscal clef. there are a lot of other questions hanging in the air, and he is doin
. we're not getting the an-wers. >> greta: all right. why don't you just summon secretary of defense panetta to a committee hearing? >> we're getting to the verge of that. darrell issa has been exceptionally patient, but we're getting to the point where we'll issue subpoenas. it's obvious they won't give us the answers we deserve to have. >> greta: what's the justification for being patient? four americans were murdered. and there have been -- stories have been put out there that simply are not believable, the one being the video which is not believable, the administration admits is not believable. it's been four months since four americans were murdered. i don't understand the patience just to get the straight answer. >> believe me, the last thing i want to do is talk to greta van sustern on fox news and talk about. we should have been demanding these answers right at the get-go. but the president would speak to the face, if there's new information, we provide it willingly to the congress. that's not happened. the state department had the gal to photocopy some pages from the interne
a couple of weeks ago in a full-throated defense, even angry defense of susan rice. but another meeting that susan rice had today was with senator bob corker of tennessee. yesterday he told reporters in the hallways that he thought she would be a better democratic committee chair than secretary of state. he was very careful not to say one way or the other how he would vote if she were nominated. but he did say a warning for the president. >> i would just ask that the president step back away from all of the buzz around this particular situation and take a deep breath and decide who is the best secretary of state for our country at this time when we have so many issues to deal with. >> reporter: the point that he made is that he and other senators view the role of secretary of state differently from other cabinet posts where traditionally senators tend to give senators the benefit of doubt that they could have whomever they want in their cabinet when they seat the secretary of state differently. another point of controversy in these meetings that susan rice has been having has nothing to
for having me. a general contracting company, mainly in defense, and we are located in baton rouge, louisiana, reasonable offices in dallas, texas, and general contractor. -erri: all right, julia? >> hi, thank you so much, gerri. we help people become healthier, happier, and smarter. gerri: i need a lot of that, yeah. >> it helps you exercise better and sleep better and get better nutrition. gerri: oh, my lord. >> lose pounds. gerri: sounds magical. >> we hope it is. gerri: andy, you're a defense contractor; correct? >> yes, thank you very much for having me tonight. gerri: you're welcome. glad to have you here. andy, how did the president find you and decide you were the right small business person to have on? >> well, we do, down here in florida, we do computer based and web base training, growing from me, myself, and i over the last five years to 10 # 5 employees in ten states. we've been reck nilsedded by -- recognized by the small business administration and "ink" magazine ranking number 36. weave been on the radar, and we got the call from the sba that they needed a small business from
harrigan live this tuesday morning in cairo. surprise move the israeli defense minister ehud barak announced is he quitting politics all together. this comes after he led that 8 day military offensive against hamas which ended last week in what is a fragile cease-fire. he is 70 years old now. and says he will stay on until a new government is sworn in after the elections. national elections in january. ehud barak is israel's most decorated soldier. he also served as prime minister. barak has been moderating influence with the united states and powers. his decision to quit politics comes at a time of uncertainty with israel. he has clashed publicly with the prime minister there benjamin netanyahu how to handle the threat from iran's nuclear program. folks at the macy's thanksgiving day parade spotted something strange. turns out some of the confetti was actually secret police files. coming up, how social security numbers and info on undercover cops and even governor mitt romney's motorcade ended unraining down ended up raining down on the crowds. second time in just days that a bird
convict casey anthony missed? her defense attorney, jose baez knew about it. of course, he didn't bring it up. he joins us live next [ male announcer ] every day, thousands of people like you, are choosing advil® because helps you keep doing what you love. no wonder it's america's #1 selling pain reliever. you took action, you took advil®. and we thank you. starts with ground beef, unions, and peppers baked in a ketchup glaze with savory gravy and mashed russet potatoes. what makes stouffer's meatloaf best of all? that moment you enjoy it at home. stouffer's. let's fix dinner. a hybrid? most are just no fun to drive. that moment you enjoy it at home. now, here's one that will make you feel alive. meet the five-passenger ford c-max hybrid. c-max says ha. c-max says wheeee. which is what you get, don't you see? cause c-max has lots more horsepower than prius v, a hybrid that c-max also bests in mpg. say hi to the all-new 47 combined mpg c-max hybrid. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, evertime. 2% on groceries. 3% o
lieberman didn't see eye to eye with the defense minister who was leaning towards accepting this draft proposal sent by hamas via the egyptian government. so once it was clear that those efforts had sort of run into a brick wall, we saw an intensification of israeli air strikes and of course rocket fire out of gaza as well. one of the rockets, rather, one of the air strikes hit very close to the hotel where many journalists are staying right on the coast right next to the gaza city beach. now most recently within the last hour the house of a senior adviser to hamas, prime minister ishmael hamiya was hit and killed. as you mentioned, the death toll has now reached 139 according to palestinian medical sources. at the moment, it's relatively quiet, but unless there's real progress broke towards a cease-fire, we may just slip back into this exchange of fire that we have been seeing now for eight days. >> at the moment it's quiet. let me ask you, though, about the leaflets that are dropped from the sky from israel to basically warn civilians in gaza as a heads-up. look, we are sending a mis
. the code words, the defensive ambassador rice. she lied to the american people. it was part of the job description. that is not an adequate defense. >> it is not. living back in the60's and trying to use that in 2012 to intimidate people to back off. she is incompetent. no question about it. she should know better. she was selected bthe white %-you have to be selected by the white house to appear on five sunday shows. lou: she should a knowledge that he did that, but my question is this. this is where it seems to be a fair question of balance. why in the world are people talking about the incompetence, arrogance, and the bad judgment of david petraeus? the horrible conduct by this administration. that -- thehave singled out, and i think it is fair. they have singled out ambassador rise as the lightning rod in this when the president -- take on me. i would be glad to oblige. i think it is absolutely inexcusable th way he is conducting his administration. >> i think people like -- people who really respect petraeus have gone after him. congressman peter king, rogers, the chairman of the
is the result of sequestration will hit at the an of the year cotton e cuts will hit the defense department. what we are looking at is an amazing, an amazing set of possibilities and shaving $55 billion out of the pentagon budget next year, a million and a half jobs are at risk. as the president is so fond of saying, alexian's do haveand. business leaders laying off workers. the rise of radical islam in the middle east, i cry for the return of sharia law. what it means for them and for us. the author of the extraordinary book. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. monarch of marketing analysis. with
, predictably the aclu is blasting that decision as unconstitutional. let's bring former defense attorney and trial attorney kirsten wilson. let's begin with the basics. we'll put up the firstndment. congress shall make no law respecting an establishment of a religion or prohibiting the free exercise thereof. now, as drafted, it only applied to congress but supreme court, you know what the founders meant it to apply to any government action, state or local. a judge is an arm of the government by forcing on kid to the church does he breach the first amendment? >> absolutely. case law based on the first amendment specifically says state action including the court and any sort of coercive environment, sentencing somebody and giving them the option to going to church or prison and involves religion, it is. >> it's a plea agreement. i have stated in one of the articles that i read, the parents and this juvenile were adults. they agreed to it. he is not being forced to practice a particular religion. >> gregg: even a judge, his name is mike norman, his sentence violates the constitution. let's
're given time to get used to it. let's talk about defense cuts. this, too, is an area, as mr. bowles says, we spend more on defense then the next 16, 17 countries combined. what defense program would you be willing to see cut. i know there are sensitive issues in your state about the nuclear arsenal there, even some transport planes that the air force would say we can do without but you support? what would you see cut there? >> i think we can look at some of our overseas bases and some of those kinds of things. i think there are areas we can find savings. but remember under the budget control act we've already reduced spending on the military by half a trillion dollars which is why i don't see the sequestration. i think we can find savings in a good, solid, sound prudent way but let's prioritize, whether it is the military or anything else. again we've already made a commitment to reductions in the military through the budget control act. >> let's talk a little bit about revenues. one of the guys lo's at the heart of this whole debate is a man named grover norquist. did you sign the grove
that is more than defense and medicare combined. but we are talking about illegal immigrants that are given food stamps and they are not entitled to medicaid or medicare or social security. it is a food stamp program and set up with whether mexico is puing up their fair share. >> and john, you go to the web site. anybody can go to the web site. welcome to america web site this is it just a page from it government ben fets and welcome to america here are the benefits and here are the eebeies. and depending on your immigration status and length of time in the u.s., you may be eligible for federal benefit programs and it goes through a long lit any and it is long and a lot of money. >> it is unfortunate. immigrants are treasures the arrival of each one makes us more american because it signifies. >> if they are here to work. >> absolutely. it is it the last thing you want to do is offer them hand out to come here. that insures that you get a lower quality person coming here. we want to attract those who want to come here and achieve. >> steve, that is it the problem. i would say the overwhelmi
death of a teenager with the gunman claiming self-defense now. >>> back on the hill, u.n. ambassador susan rice trying again today to win over republican lawmakers after round one leaves three of them unconvinced. good morning. welcome to "early start." i'm christie romans in for john on assignment. >> i'm zoraida sambolin. 5:00 a.m. on the east. half a million bucks, what do you think? are you in yet? the powerball jackpot tonight is the second largest in lottery history. that's a lot of office pools. we are in on it over here and have defied serious odds to get here. 16 consecutive powerball rollovers without a winner yet. and that streak is likely to end really soon. a lottery official calculates a 5% chance no one will win tonight if sales spike as they are expected to. and if you do happen to win the cash value of the jackpot, it now stands at 324 million dollars. but time for a quick reality check, your odds of winning are 175 million to 1. alison kosik closely monitoring powerball fever is live from new york's times square this morning. the odds are not good but the fever is r
, the next game will be 5 on 1 when it comes to defense. >> fantastic story. let's get to sam and the weather. >>> i'm deal with my numbers. nine to ten inches of rain in some locations in the northwest. some places in oregon saying this is the most rain in 24 hours they've ever seen in a 24-hour period. this is a very wet time for those folks in the northwest. it doesn't start to let up until tomorrow. this is the final punch of rain. and by the way, by this evening in san francisco, it could start to dry up a little bit. but seattle, portland, northern areas, you're getting another full day of rain. looking at the big numbers today, denver, 72. oklahoma city, 76. rapid city, a record, at 77. houston, dallas, you're close to record levels. that's a lot of heat in the middle of the country. and most of the country is doing just fine today. watch out for that fog around the chicago area. >> all of america's travel weather coming up throughout this morning, the day before thanksgiving. everybody? >> sam, all morning long, you're going to go out to help the victims of hurricane sandy. we loaded
. anyway, we're going to visit with former assistant secretary of defense byng west in 15 minutes to parse through it. for 15 years the federal gas tax has been 18.4 cents a gallon, good. some people now in industry groups, they want to raise it as part of the fiscal cliff negotiation. that is a bad idea. first of all, we don't need another tax, period. it's just going to slow down the economy and damage consumers. second of all, it shut should be a state and local decision, not a federal decision. this is so important. yeah, bridges need to be upgraded and so forth, but, again, this is no time to burden motorists with higher gasoline prices that have more than doubled in the last four years and no time to burden consumers with another tax burden. now, there's one man in washington who is a true leader in the fight against out-of-control spending. what does they think about where the fiscal cliff talks are going? can he possibly be happy with all this talk about revenues and nothing about making spending cuts? we welcome back senator tom coburn about to join us next up on "kudlow." >>> tom
people are flas flat on those promotions. it is a defensive holiday season. last year 5.6, it is still positive. i think it will be up 3%, 4%, so that is very healthy. melissa: it is so tough to understand. >> what i would say is those of the upper income level probably a little bit more comfortable, perhaps the past couple of years they have not spent the full capacity of the ability to spend. missing the upper income levels luxury, higher-end, as well as the affordable luxuries, little bit more spending happening. melissa: using the increase is driven at people who have the most money? we are about to raise taxes on them. >> so long as we don't know what is happening. there is this notion of there is a big fashion trend. never underestimate the female needed to buy or update the wardrobe. melissa: interesting. it may kill christmas. kind of my take away, but it does not matter. thank you for joining us. an update on a story charlie gasparino told you about more than a month ago. as the chairman mary shapiro has made it official calling it quits after nearly four years in office. shap
that. >> why do you think that is? >> they're feeling very defensive now, and so, like, i can only assume that that is the reason why they declined. >> the banks are defensive because all 50 state attorneys general want to punish them. the states are seeking about $20 billion in damages for what they say is the irresponsible, perhaps criminal way that some mortgage companies handled what is, for most folks, the most important investment of their lives. >> in march 2012, the us government, 49 state attorneys general, and the nation's five largest mortgage lenders announced a $25 billion agreement over alleged foreclosure abuses and asked a federal judge to approve the plan. as part of that settlement, lynn szymoniak, who filed a whistle-blower lawsuit on behalf of the federal government, will receive $18 million. [ticking] coming up, the complex financial instrument that helped down the u.s. economy. >> the idea that you could lend money to someone who couldn't pay it back is not an inherently attractive idea to the layman, right? however, it seemed to fly with people who were makin
. overnight we learn that israel's defense minister, ehud barak is resigning his post. that's effective come january. that development comes as delegations for both israel and hamas meet in cairo today. they're meeting with egyptian officials to try to advance those cease-fire talks. and egypt's president mohamed morsi will meet today with judges to explain his edict barring them from overturning any decision that he makes or any laws that he imposes until a new parliament is formed. reza sayah is in cairo this morning. let's start with mohamed morsi, please. >> yeah, good morning, soledad. a few thousand protesters still here in south tahrir squares, especially those who camped out over the past several days, still seeing some clashes. most of them triggered by what seem to be teenagers and twenty somethings out here looking for trouble. we also saw our first fatality of the protest last night on sunday in a northern city where a 15-year-old member of the muslim brotherhood youth movement was clubbed to death. at this point the brotherhood doesn't seem to be using that fatality as a rallyin
received funding for the iron dome and u.s. israel defense program. for his part netanyahu says he is committed to the cease fire as long as israeli interests are not threatens. >> i know there are citizens expecting more misevere militar action. at this time the right thing is to use this opportunity to achieve a long lasting cease fire. >> but it is not all good between the israelis and hamas. israelis are going to maintain a maritime blockade of the gaza strip. >> peter doocy thank you. and happy thanksgiving. >> you, too. >> on that note it is the thanksgiving tradition. the throats are ready the balloons are inflated which means the 86th macy's thanksgiving parade is ready to roll. >> rick is on the upper west side where it all agains. >> good morning ainsley and patti ann. you want to have a good weather morning for this parade. temperatures are perfect and the wind is pretty much nonexistence. if the winds go up the balloons have to come down. it's not going to be the case this morning. they turned this into a big event the day before and hundreds of thousands of people come
defense batteries, but even if the alliance approves, they will he' take weeks before they're operational. >> a taliban suicide bomber struck a session over night and 23 people were killed. it's the latest in a series of bombings, targeting shiites during their holeiest months of the year, was one of early america's secretary moments actually terrorism? that's later in the grapevine. up next, helping the needy during one of america's signature holidays. >> and rockets, and my mom happy thanksgiving and christmas and my wife and kids and-- >> i'm at the afghanistan, rc south. and just want to give a happy thanksgiving to my wife pamela, my sons joe and ben, and then wish you guys happy thanksgiving and merry christmas. [ female announcer ] the next generation of investing technology is now within your grasp with the e-trade 360 investing dashboard. e-trade 360 is the world's first investing homepage that shows you where all your investments are and what they're doing with free streaming quotes, news, analysis and even your trade ticket. everything exactly the way you want it, all on one pa
's a good place to have yourtl portfolio giving you protection. melissa: your final idea is being defensive in stocks. what do you mean by that? >> yeah. i don't see anything atrackive saying i have to buy stocks right now.th they are within 10% of the all-time highs, even with the pullback. there's an argument saying theyi are cheap, but i don't know we're past everything that hasyi to come to light, all the debt debate, the fiscal cliff,, capital gains taxes. there's no compelling reason toe buy here over the next two to three months. let some of this pass, use your assets in other places, raise cash, and then you're in a better position to earn money once 2013 starts. melissa: the thing your ideas have in common is an idea of hunkering down, and sort of of having this investment over a long period of time. why wouldn't you hunker down within the target? give president obama credit thah whether it's because of the fed and easy money or whatever it's been, the stock market has donee well. would you buy some favorite stocks and plan on holding theme through the entire next four years? >> yo
defense system by firing multiple rockets at one area. if it happens and comes together in the next 30 minutes i is more than a cease-fire. an agreement to end the rockets into southern israel and israel decided to end the assassinations of hamas and jihad leadership inside the gaza strip. granger and weapons smuggling and also egypt guaranteeing the fact the rockets would not fly. the whole hamas responsible. we are on day eight of what has been a punishing ground air war between hamas and israel, more than 5000 targets hit inside the gaza strip, 140 palestinians dead, five israelis dead, more than 1000 rockets launched here into israel. it is important to note how this changes the strategic map of the middle east. a couple of years ago was in jail as a leader of the muslim brotherhood. major see cease-fire deal. secretary of state hillary clinton have all spoken to his help in securing the cease-fire deal. now you just wait to see if in the next 29 minutes if it is all quiet on the southern front. back to you in new york. melissa: probably not. thank you so much. return to the middle
. this is something that no one thought about what the fiscal cliff. so worried about other stuff, taxes, defense dollars. >> thank you for having me. gerri: a warning for online investors. they may have a cute baby spokesperson, but e-trade and others like it may be charging you didn't these. the results of an important new study next. ♪ ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shine even brighter. ce to the winteevent and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] ho, ho, ho, ho! [ male announcer lease a 2013 glk350 for $399 a month atour local mercedes-benz dear. atour local why they have a raise your rate cd. tonight our guest, thomasargent. nobel laureate in economics, and one of the most cited economistsn the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. ♪ gerri: well, the irs issuing a warning that if congress does to addres
defense secretary under president george w. bush. now senior fellow with the heritage foundation. thanks so much for joining us. >> good to be with you. melissa: let's start with the address. what do you think he is going to say? >> well, we'll have to see, right? i mean he might back down a little bit. or depends on what happens tonight. what the winds look luke for him, political wind look like him in the morning. he will decide what he will do then. he is also ramping up support. as steve mentioned, there may be some large rallies of support for the president. this is a real shame, what is going on there in egypt. you know, we obviously are already concerned about the direction it was going. but this, this president morsi, who looked like a statesman overseas dealing with the israeli hamas situation, now looks like an authoritarian dictator back home. melissa: right. >> so a lot of reasons to be very, very concerned about the chaos and instability that may come out of egypt. melissa: when you read reports and look at pictures we were showing of protests going on in tahrir square do yo
government spend on flood protection in coastal defense because in first and foremost we don't want properties to flood. better not have the flood in the first place but it does flood than insurance will help. government do need to invest in defense, to prevent it happening in the first place. gerri: you call a coastal floods, i love the english, richard warren, thank you, good to have you on the show. thank you. >> i love when executive tells me i'm underinsured. cheryl: not using proper english. dennis: consumer confidence for november at its highest level in years. we ask can we suutain it? cheryl: let's get fiscal on our fiscal cliff survival kit. who else but tracy byrnes with what you need to know and what you can do right now. dennis: a look at the day's winners on the s&p. cheryl. >> nicole petallides lived at the new york stock exchange every 15 minutes. we have you covered. things on the move and looking at according they may correlate glass with the outlet day shall look better than expected. used with this barbosa tablets. they see more demanded usual steve mad and is do
thought there was an interesting article. dave cote from honeywell, the guy who runs the defense sector there -- >> is he french now? >> no, what's his name? >> very sophisticated. >> they were talking about how defense has to be cut and i think that's an important statement. i think this whole thing starts with the defense cuts and everything else will fall in line. i do think we'll get some resolution on this, whether it spills into the new year doesn't matter. i think everybody is preparing for the imminent tax hike anyway. it's just going to come. on the issue of dividends and capital gains, that will be hung out there, will we go up to the ordinary, i don't think so. i think it will be some compromise. it's not that i'm hoping that, but i think that there will be. >> does it matter if we -- so we cave. we're afraid, we don't want anything bad to happen. so we're going to raise some taxes. we're going to cave, but we're not going to really cut spending, we don't want to hurt anyone. this is what we do and no one could fail. you know, a couple years ago -- is it bad that we don't tak
, jose baez, the defense attorney for casey anthony said he knew about this search but he said it was conducted by george anthony who was distraught over the accidental drowning death of caylee and was looking to put himself in court. >> put yourself in court. if you're a member of the jury, how is this going to add up in. >> this jury said they cannot say to a certainty how this little girl died and couldn't connect it beyond a reasonable doubt to casey this. would have been an important piece of evidence. look what happened on this search after this particular item, foolproof suffocation. next was a search about suicide. after that a myspace, logging on to myspace. only casey anthony in that home had a myspace account so that would maybe link it to her. >> she was innocent in the eyes of the law. does this information that we're talking about right now, lisa, have any impact on her situation? >> it can't ever because of the double jeopardy rule. she can never be retried. if she's stood up in front of all of us and confessed, if a videotape of her killing her daughter she coul
for today. you're seeing a grab bag of companies, some defensive names like exelon, wisconsin energy and southern company in the energy sector. as well as cablevision and genworth which is an insurance name. so roughly pretty big grab bag for laggards today. research in motion getting a big pop today on heavy volume for that stock, up 14% in a sustained rally. that's a big move for r.i.m. we're finally getting a date for the blackberry rollout, january 30th. analysts like that move as well as investors. >> we'll see if that works out. >> blackberry 10 is make or break for this stock. >> our internal market guru here at cnbc tells me that with today's rally, the markets are now back -- they've erased all of the losses we saw in the u.s. markets after the election on november 6th. we're back to -- >> we have a crack data team, don't we? we ask, they perform. thank you very much. >>> from california to florida, walmart workers have been staging protests at various locations across the country. but, is that keeping shoppers away? we'll go live to a walmart store in maryland for the lates
for areas to enter in o short position on lockheed martin. >> defense stocks because of the fiscal cliff. >> yes, but once that gets solved, i think you have a huge rally in early 2013. then you're left with the real facts, that we're massively accumulating debt. interest rates are artificially low at 0%. >> and we've known that. >> and we're counterfeiting money like crazy. that is not the way to build an economy. i mean, come on. how sustainable is this economy? really? >> we got it. you're right. >> did i make my point clear? >> you never know what he's thinking. >> it's the phoney recovery. it's built on an adjustable rate mortgage. an interest rate shock. when it comes out, it's going to wipe out the solvency of this nation. >> that may be the case. everything you say may be right, but the bottom line is i want to know what the stock market is going to do as a result. the fed is printing money. they're going to print more. if you think there's going to be qe-4, why wouldn't the stock market go up? >> because blowing up the amount of base money isn't enough to get the monetary aggreg
that no one wants to happen 2013. bring them . bring on the defense and social program cuts and you tellux barack obama what you will do to prevent that from january 1st. >> brian: putting the pressure back on the white house. >> that is the only leverage point. he doesn't want to cut discretionary spending by hundred billion this year. >> brian: james, the key to the whole thing is to preserve investment rates, because if it stays at 15 percent that's where it should be. >> that's what mr. boehner is aiming for. if dividend go from 15 to 20, huge disincentive to invest hurts the competent. >> brian: people will not invest because it is it a risk. james freeman. glad to have you back. >>reporter: right. >> brian: we hope so. 19 minutes after the hour. she was not happy with the divorce case. you are looking at it now she's in big trouble . then your house and car under water, but you have to go to work. what would you do? you are go to meet a moment who swam to work in hurricane sandy. see. great grains. great grains cereal starts whole and stays whole. see the seam? more pcessed flakes lo
obama is not in defense on that. stuart: buy now to avoid cap on gun sales later? we've got the judge sitting here. i can't resist. can someone say on political grounds you can't come in my store? >> it depends on where you are. in our home state of new jersey, you cannot because there's a statute that prohibits, a store, a public accommodation, a hotel, any business from which the public is inviting from discriminating on the basis of political views for people coming on the premises. arizona doesn't have such a statute. you have a freedom to deal wither who you want. in -- you have the freedom to deal with whoever you want in arizona. stuart: do we give up our privacy when we text people, when we e-mail, the voice mails we have, could those messages be used to invade our privacy and used in court against us? obvious question for the judge who p thats to be sitting here. he is the author of the book theodore and woodrow. how private are smart phones? >> i'm worried that i and people who think the way i do that the right to privacy is a fundamental right are losing this battle. it se
thursday temporarily widening his powers blocking his decision from judicial review. israel defense manager says he is stepping down from the ranks. just weeks ahead of the general election. the former general and one-time prime minister said he will stay at his post until a new government is formed. those are your headlines. back to dagen and connell. dagen: online black friday sales topping a record. $1 billion. connell: we want to know about today. supposed to be this big day online. we have sent adam shapiro out there. >> 1.2 million square feet. they have 40 of these centers throughout the united states. this is the largest. we are on a 15 minute rate. they will come back at 11:30 a.m. they have been going 247. anybody who is selling online. at amazon.com, they will sell more than 200 items per second. last year it was 204 items per second. they expect revenue in the fourth quarter to be 16 to possibly 30% higher. i want to give you a quick shot of that area i am in. they take them out and put them in the yellow fins. they are said further down the line to the pickers. then they packag
? some down payment. the second act is some clear indication of what to do with medicare and defense stocks. they have to give a clear indication otherwise there's going to be some kind of credit downgrades in the months going into 2013. how about the greek deal? i fell out of my chair. this is a default in all but name. look at this. an extension of the loans for 15 years. 15 years. $245 billion of loans. deferral of interest payments for ten years. deferred for ten years. and a reduction in interest rates. imagine this. you have a 30-year mortgage at 3%. now instead of a 30-year mortgage you have a 45-year mortgage. instead of 3% you're paying 2%. how about no interest payments for the next ten years on your 30-year mortgage? that's the deal the greeks just signed. it's staggering because what's happening here is don't call it a default. it's not a default. it's a restructuring. the fact is this is the first step on forgiveness of the debt. they're not officially forgiving any debt. don't say that. they'll freak out on you. the fact is that the next step from here is going out into
. maybe we shouldn't have rushed to his defense before we saw how he was gog handle this. >> more on that coming up a little later because if this becomes one of the consolidated areas where power in the region is under president morsi, a lot of people wondering when it was going to happen, looks like it's happening. >> let's get to other headlines now. this video unbelievable. apparently thick fog triggered a deadly traffic pileup on a texas interstate. from the air, the crush of cars looks like a stack of toys. but on the ground, it was ugly. as many as 150 vehicles twisted on top of each other. >> there were three cars in front of me and i saw about to happen of the i literally was able to stop without hitting anyone. but there was panic. >> i was saying like, people, pay attention. just pay attention. what the hell you doing? >> slow down, too. sadly, thanksgiving day two people killed in this accident. at least 80 others injured. >>> wal-mart workers are making good on their threat to walk out on the busiest shopping day of the year. this whole thing went down in portland, or
know of or was discussed in the complaint. but your point is a good one. we don't know what the defense is here in terms of mr. martoma and his lawyer, do we? >> we don't. we have strong bullish language from charlie in favor of his client. we also have a fact that the feds have been trying for years to build a case against a higher up at s.a.c., probably cohen based on what we hear as of this week. so far it hasn't worked out. the other interesting tidbit from the other day, the journal reported there was a wiretap placed on one of steve cohen's phones sometimes around the time of this sale of this insider trading allegedly driven position. there was a two-week wiretap of cohen's phones. we don't know whether that wiretap was present when the key conversation was had with martoma or not. if you read the complaint, there's very little detail about that pivotal conversation. we really don't -- it's possible they're not showing their full hand them have more that we haven't seen. it's possible that they don't have a lot of case tying cohen to insider trading allegations. >> kate kelly, th
likely to buy from that person again. it's the "you owe me one" effect. >> the best defense against all of these are what? >> to know that they exist and to know how they work, and just be very mindful of what's going on. that time pressure, ban yourself from those sites if you have a problem with it, and with the freebie effect, just because someone gives you something doesn't mean you owe them anything. >> that masters in psychologist is helping you today. >> it's serving me very well. >>> still ahead, like father like son. a look at lester's cameo with his anchorman son on chicago tv. but first, these messages. mother: this is george. he is a good little monkey and always very curious. one day george got an important letter... he's built a rocket ship to travel into space. girl: google, how far is earth to the moon? google voice response: moon is 238,900 miles... mother vo: the great moment had come... ...3...2...1. ♪ i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted ch
. and international, so the fiscal cliff and everybody talks about the dra coneon armageddon with defense contractors that's not us. our government is state, local, homeland security. >> do you expect google to make handsets five years from now? >> very, very tough business. mobility lost 530 million last quarter. i think it's a tough road. there's room for apple and samsung and maybe one other player. tough. i'm glad we got out of the business and are focused on what we're doing. last point on fiscal cliff, it's not about ideology and not about -- >> oh yes it is. >> it's about making a deal, not a point. i'm optimistic we can do it. >> you should get into the censor business. >> thank you for being here. we really appreciate it. >>> coming up, crunch time for retailer, we'll get a cyber monday report from power retailers. d to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-c
they have done all year a great defensive stand to keep sc out of the end zone. 22-13 the irish undefeated headed to miami against alabama, georgia if the fcc title game. ohio state capped a perfect 12-0 yesterday by taking out michigan. not making father john happy. what happens now? nothing. nonetheless great job by that coach urban meyer. ♪ >> that's pro vvo utah parker style. high school recruits come to their school. students also printed t-shirts to try to use white paper to spell his name. definitely an a for effort. not sure if it will get the job done. i like what they are doing to try to bring kids to byu. >> i love it. >> tried to get you guys to do your gingham style dance. >> how will rick. do you have a style, no way. >> not in public anyway. >> maybe with the whiskey notes some of that will come out. >> futures steve doocy, is that what you are saying? is that your job? >> maybe. >> you also said you are going to win the lottery. if you win the lottery you might not have to be steve doocy. those are the problems you might face if you win. >> weather maps as you wake up thi
massive layoffs. >> lockheed martin is a safer cow. there's got to be fat in the defense industry. >> what about aetna who says this is going to lead to layoffs to the point where it increases their medical costs. so they're going to lay off people. >> we should introduce our nobel laureate. >> we do have a nobel laureate at the table. robert engel is a nobel laureate in economics who won the prestigious award in 2003 for his work analyzing volatility. he's also a professor of finance at nyu's school ofs. while we have you, do you have views on the fiscal cliff? >> you know, the fiscal cliff is on everybody's radar, but i think it's not the only thing that needs to be on our radar because i think that the situation in europe could actually turn out to be just as damaging for the u.s. economy as the fiscal cliff. >> is that a picture of us if we don't handle our problems here too? is that the ghost of the future? >> i think in both cases, we're talking about politics getting in the way of economics. i think the fiscal cliff could be dealt with exactly as you said. if the politics weren't su
-powered criminal defense lawyer abbe lowell to correct what she says are lingering misimpressions. in a letter to the florida bar association lowell says a tampa lawyer who once represented the kelley family acted unethically by making public comments about her two weeks ago, suggesting she was trying to be a social climber at a florida air force base. >> i understand that -- that there was an effort made to infiltrate, to use a word of art, the deal and the brass. >> reporter: in response, the lawyer, barry cohen, says nothing he said was based on the legal work for the kelleys, and kelley and her sister are, quote, architects of their own agony and in another letter abbe lowell asks if there's a leaked investigation to find out how kelley's name became public in the first place as the recipient of paula broadwell's e-mails. a source close to the kelley family insists jill kelley is not trying to keep her name in the news, and the source calls simply false any suggestion that she had an affair with general petraeus or general john allen. never happened, the source says. in another development
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